FACTBOX-McCain and Obama plans on U.S. trade policy

Wed May 21, 2008 6:33pm BST
 
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(Reuters) - The U.S. presidential election in November looks increasingly like a face-off between Democrat Barack Obama and Republican John McCain.

Obama, an Illinois senator, is less than 100 delegates shy of capturing the Democratic nomination after his showing in the latest primary elections, and McCain, an Arizona senator, is the presumptive Republican nominee.

Following are some of McCain's and Obama's main positions on trade -- an issue that has become contentious during this election cycle.

REPUBLICAN SEN. JOHN MCCAIN OF ARIZONA

* Supports free trade pacts with Colombia, South Korea and Panama and negotiating a new free trade pact with the 27 nations of the European Union.

* Opposes changing NAFTA agreement.

* Favours opening new trade markets, but also advocates education and retraining for workers displaced by global trade.

* Has proposed partnerships with community colleges to retrain displaced workers and providing income assistance to those who find jobs that pay less.

DEMOCRATIC SEN. BARACK OBAMA OF ILLINOIS  Continued...

 

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